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the purchase of a british company. we will have all of the details. good morning. thanks for being with us. i am marla tellez. >> i'm jon kelley. hp hitting investors with shock treatment claiming it was a victim of financial fraud. it says it was fooled into buying a british company last year which was a mistake for $11 billion. according to scott mcgrew, it was the not just a mistake, but a disaster. you have had a couple of hours to digest it. how ugly is it? >> it will be talked about in business schools for years. it will be hard to imagine that if these allegations are true, there will not be some sort of criminal charges. during a routine financial flying, hp said the company it bought last fall deliberately hid how much profit and someone cooked the books. it is an incredibly serious allegation. hp has launched an investigation of what it calls forensic accounting and notified the u.s. government. >> we believe there is a willful effort on the part of autonomy management to mislead shareholders and mislead potential buyers, including hp. we stand by the review that we have seen. as yo
umbrellas. yeah, that's right. the rain moving in. christina loren will be along to let us know how wet the bay area will get and how long it should last. >>> also, from the election to the fiscal cliff, the president jumping right back into the deep end trying to get a bipartisan deal done before january. we'll tell you where things stand this morning. the news at 11:00 starts now. >>> good morning and thanks for being with us. i'm marla tellez. >> and i'm jon kelley. good morning, everybody. at this hour right now, dark clouds hovering all around the bay area and that rain starting to come down in what's been nothing short of a roller coaster weather this week. started out with record temperatures, then down to some 30 degrees lower and then some rain. >> it's hard to believe it's all in the same week, just two days ago, 92 degrees in gilroy. now talking about 50s and a lot of rain on the way to the bay area. let's get right to that radar and show you where the showers are concentrated right now. in sonoma and marin counties. down in the south bay, we'll have to wait until about 2:00
a look at m. -- >>> good morning. thanks for being with us. i'm marla tellez. >> i'm jon kelley. good morning, everybody. if you're thinking about those weekend plans as everybody should be, you may want to include a coat and an umbrella. christina loren says the bay area skies will soon be filled with raindrops. we have a look at that radar right now. this one right now, some rain up in the monterey area, inching slowly towards the bay area. she is here right now, live and in living color to tell us for herself. >> we have quite a few systems on the way. three, as a matter of fact. it's kind of like relative tha . you look forward to them but you want them to go back home. i think you're going to be sick of the rain before all is said and done. taking a live look at the bay bridge, showers coming up from the south. that will be the trend. south bay is going to get their first activity. the showers will spread fo the north throughout tonight. but there are three systems on the satellite picture all going to impact the bay area. what to expect. the first two storms are on the way as we
Search Results 0 to 2 of about 3